Pharma BD Deal Intelligence

Cephalon Inc. / Mepha AG

2010 · Acquisition/Merger · $615M · Complete

WRONG BY 46 POINTS
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The coverage arc

Feb 01, 2010 BioSpace Neutral

Cephalon, Inc. to buy generic firm Mepha Ltd. for $590 million in a move to expand internationally and diversify.

Feb 03, 2010 CBS News / BNET Neutral

Commentary framed the Mepha purchase as defensive diversification ahead of Cephalon's 2012 Provigil patent cliff, with skepticism about a US specialty pharma…

Apr 09, 2010 PR Newswire (Cephalon) Bullish

Cephalon completed the Mepha acquisition on April 9, 2010 at CHF 662.4M (~US$615.4M); deal diversified Cephalon's business mix, doubled international revenue…

Source summaries from our enrichment pipeline; follow links for originals.

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Cephalon agreed to acquire Swiss-based Mepha AG for CHF 622.5M (~$590M announced, $615.4M actual close). Adds emerging-markets branded generics. Closed April 2010.

Did it work? Outcome assessment

Strategic verdict
Partially Achieved
Financial impact
Accretive
Pipeline outcome
Assets Advanced

Key facts

Related deals — scored

DealYearValueOutcome
Cephalon Inc. / Mepha AG (this deal)2010$615M23
Cephalon Inc. / Laboratoire L. Lafon S.A. (Group Lafon)2000$450M89
Cephalon Inc. / Salmedix, Inc.2005$160M89
Cephalon Inc. / Group Lafon (France)2001$450M80
Cephalon Inc. / Cell Therapeutics, Inc.2005$70M74
Cephalon Inc. / Anesta Corp.2001$444M65
Cephalon Inc. / Anesta Corp.2000$444M64

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